Nov 20, 2023
Progress toward the clean-energy economy is accelerating, but financing remains a fraction of the trillions of dollars needed annually to reach climate targets.
According to the 2023 Bain & Company Energy & Natural Resources Report, while energy-transition investment is advancing, global investment must rise to $4.6 trillion per year to achieve net zero goals. Simultaneously, businesses are eager to capture the estimated $55 billion annual earnings pool that will flow from energy transition investment. A commonly cited challenge is the fragmentation of data combined with a lack of standardization, which undermines the integrity of energy-transition metrics and claims, creating open-ended risk and inhibiting scale.